want 2 hav basic knowledge of mutual funds?

Question

types,how 2 deposit &wen 2 withdraw

Answer 1

A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is invested by the fund manager in different types of securities depending upon the objective of the scheme. These could range from shares to debentures to money market instruments. The income earned through these investments and the capital appreciation realized by the scheme are shared by its unit holders in proportion to the number of units owned by them. Thus a Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed portfolio at a relatively low cost. The small savings of all the investors are put together to increase the buying power and hire a professional manager to invest and monitor the money. Anybody with an investible surplus of as little as a few thousand rupees can invest in Mutual Funds. Each Mutual Fund scheme has a defined investment objective and strategy.

Answer 2

The best place to research Indian mutual funds with an unbiased view is http://www.valueresearchonline.com/. Other options is to read about mutual funds at http://www.easymf.com.

Regarding deposits and withdrawal to a MF. You can enroll in any plan with a minimum initial investment amount using a cheque. Other option is to enroll for a SIP plan and have ECS clearance. This way, your deposits from MF are directly credited into your bank account. Similarly your investments into a MF are directly taken out of your bank account.

Answer 3

call around to different mutual fund brokers. you can also find loads of information online at different mutual fund websites. check our www.ameriprise.com www.schwab.com www.fidelity.com etc. or call and ask if you can speak with someone who can give you an idea of what your looking for. first you need to develop an investor profile that tells you how long you want to leave your money, what kind of funds you want to put your money in, how important is income, how important is liquidity. from that you will have a better idea of the kind of fund you want to invest in. i beleive that depositing a little each month is the best instead of all at once. that way you buy shares when they are low or high. different funds can be growth, agressive growth, value fund, blended fund, international fund, emerging-market fund, sector fund, socially responsible fund, large-cap mid-cap small-cap funds, blended funds, and many many more.
you sound like you new to investing so i would definitely get some professional advice to help you get started until you understand what youre doing. i hope some of this information helps!

Answer 4

Avoid banks & advisors religiously. Not anything to really know. Can open an account on schwab.com or the like & they will tell how to send the $$ in. Types - index funds if you don;t know anything about market. Easy to find on that site as has many selection screens. There is no "when to withdraw". If you need to sell you do but should not be going in & out oftrn.

Answer 5

MF are best for retail customers who has less knowledge about the share market. The funds is managed by expert funds managers. The risk is lower than the high risks when directly exposed to share market. There are different type of MF equity only, debt only, mixed etc. You need to contact banks who are today major players for MF. Thanks.

Answer 6

Get some names from the inventory marketplace component to your community newspaper and ask them for his or her brochure, prospectus and/or financial checklist. In a nut shell...... a company that buys and sells shares on behalf of investors, who get x factors in keeping with $ invested. by way of fact the marketplace fluctuates the standards fluctuate, and you very own extra or much less. Peace.

Answer 7

Get in touch with a good bank who deal with stuff like that.they will advice you for free.If you are a good and wealthy customer.